Public Opinion on Dimensions of Governance in East Asia: An Analysis of Citizen and Expert Evaluations

2007 ◽  
Vol 8 (3) ◽  
pp. 285-303
Author(s):  
MATTHEW CARLSON
Keyword(s):  
East Asia ◽  
World Bank ◽  
Financial Institutions ◽  
Multivariate Test ◽  
Governance Indicators ◽  
The World Bank ◽  
The World ◽  
Expert Assessments ◽  
World Governance Indicators ◽  
Cross National

In recent years, institutional financial institutions such as the World Bank have taken a keen interest in the links between governance and economic development in East Asia and in other regions of the world. However, the concept of governance has proven difficult to measure in cross-national studies and its meaning in the minds of citizens and experts may differ noticeably. This article examines elite and mass perceptions of governance using the World Governance Indicators developed by scholars affiliated with the World Bank and survey data derived from the 2006 wave of the AsiaBarometer Survey conducted in seven ‘Confucian’ societies. The results of the analysis capture considerable variation at the country and individual levels for how citizens and experts perceive governance in this region of the world. In addition, a multivariate test uncovered some convergence between citizen and expert assessments but only for some of the various governance components.

scholarly journals GOOD GOVERNANCE IN BANGLADESH: A STUDY OF WORLD GOVERNANCE INDICATORS

2021 ◽  
Vol 3 (3) ◽  
pp. 201-216
Author(s):  
Mohammad Nur Ullah ◽  
Muhammad Sayadur Rahman
Keyword(s):  
World Bank ◽  
Qualitative Data ◽  
Good Governance ◽  
Governance Structure ◽  
Law And Order ◽  
Governance Indicators ◽  
The World Bank ◽  
The World ◽  
World Governance Indicators ◽  
Mixed Approach

The inclusive philosophy of good governance is almost indispensable for the progress of state democracy in Bangladesh. However, the Bangladesh government is fighting a malicious virus in the governance structure that is visible in all sectors of the state. Against this backdrop, an attempt has been made to comprehend the general state of good governance in Bangladesh according to World Governance Indicators (WGI) of the World Bank. This study is based on mixed approach containing quantitative data from World Bank website (world economy.com) and qualitative data from existing literatures. The collected data have also been analyzed through table, chart and text. This paper found, the current situation in Bangladesh is appalling and detrimental to the socio-economic development of the country. This situation is crisscrossed by overpopulation, politicization, bureaucratization, corruption, poverty, broken law and order, and the narrow game of politics. This paper then outlines some of the policy guidelines needed to define good governance principles in Bangladesh. The results of this study are expected to be useful for policymakers in devising appropriate strategies to ensure good governance at all levels of government.

Aid Effectiveness

2020 ◽  
pp. 59-76
Author(s):  
Constantine Michalopoulos
Keyword(s):  
World Bank ◽  
Financial Institutions ◽  
Poverty Reduction ◽  
Aid Effectiveness ◽  
Bilateral Aid ◽  
The World Bank ◽  
The World ◽  
Reduction Strategies ◽  
The One ◽  
The Imf

The collaboration the U4 launched at Utstein covered a wide variety of development issues handled by different international institutions. This involved in the first place coordination of their positions at the World Bank and the IMF, and the UN and its funds, programmes, and agencies. The World/Bank IMF were very important both because of the size and extent of their own programmes but also for helping developing countries manage the overall poverty reduction strategies within which all bilateral aid was supposed to fit. Increasing the effectiveness of bilateral aid could only succeed if it were part of a consistent overarching multilateral effort. This chapter starts with a discussion of U4 efforts to ensure that the poverty reduction strategies developed with the help of the World Bank/IMF in connection with debt relief actually reflected developing country priorities. It then moves on to U4’s efforts to improve the effectiveness of UN programmes which tended to be characterized by fragmentation and inefficiencies. The last part addresses the problem of coherence and collaboration between the IMF and the World Bank—the international financial institutions, on the one hand, and the UN and its agencies, on the other.

scholarly journals Accumulation by Any Means: Neoliberalisation and Environment in Post-Communist Europe

1970 ◽  
Vol 4 (1) ◽  
Author(s):  
Frederick Peters
Keyword(s):  
World Bank ◽  
International Monetary Fund ◽  
Financial Institutions ◽  
Transition Period ◽  
International Financial Institutions ◽  
Strategic Partnerships ◽  
Baltic Region ◽  
The World Bank ◽  
The World ◽  
The Baltic

This paper explores water services restructuring in the post-communist Europe. The cases of the cities of St Petersburg, Russia and Tallinn, Estonia serve to trace changes in tone and timbre over the course of the post-communist transition to a market based economy. This paper is divided into two sections: we begin by placing the European Bank of Reconstruction and Development (EBRD) in the context of the World Bank and International Monetary Fund–the International Financial Institutions significantly involved with infrastructure rebuilding. Section Two presents a brief look at specific cases of municipal water restructuring in the Baltic Region in postcommunist transition period, 1991 – 2006, brokered and funded in part by EBRD money. Tracing investments and the strategic partnerships formed in the region by the EBRD sheds light onto the development of IFI capacity and strategy since the early 1990s. The politics behind the notion described in shorthand with Harvey’s reworking of the Marxian ‘Primitive Accumulation’ is crucial to understanding the dynamics and trends often apparent in water infrastructure restructuring.

scholarly journals Human Rights and Financial Institutions: Pinning the Responsibility

2013 ◽  
pp. 116-128
Author(s):  
Nidhi Modani
Keyword(s):  
Human Rights ◽  
World Bank ◽  
Financial Institutions ◽  
Developing Nations ◽  
Special Focus ◽  
International Financial Institutions ◽  
Human Right ◽  
The World Bank ◽  
The World ◽  
The International Monetary Fund

This paper is a study of the possible human right obligations of international financial institutions. As financial institutions have not been looked upon as agencies influencing or influenced by human rights, this study becomes significant. The study is limited to international financial institutions, with a special focus on the World Bank (hereinafter ‘Bank’) and the International Monetary Fund (hereinafter ‘Fund’ or ‘IMF’). 2 Further, there is a special focus on developing nations.3

scholarly journals O banco e o arranjo de reserva dos BRICS em perspectiva

2019 ◽  
Vol 8 (2) ◽  
pp. 406-426
Author(s):  
Jackson Ribeiro ◽  
Gilberto Maringoni
Keyword(s):  
South Africa ◽  
World Bank ◽  
Financial Institutions ◽  
Economic Governance ◽  
Development Bank ◽  
Bretton Woods ◽  
The World Bank ◽  
New Development ◽  
The World ◽  
Bretton Woods Institutions

Este artigo tem como objetivo analisar os documentos da cúpula dos BRICS de Fortaleza, ocorrida em julho de 2014 que criou duas instituições financeiras, o Novo Banco de Desenvolvimento - NBD - e o Arranjo Contingencial de Reservas - ACR. São iniciativas importantes para estreitar os laços do grupo que reúne Brasil, Rússia, Índia, China e África do Sul, além de servirem para alargar a ordem monetária e financeira internacional. O NBD e o ACR são complementares às instituições multilaterais tradicionais de Bretton Woods: Banco Mundial e FMI. Complementares, pois foi adotada uma orientação cautelosa na criação desses arranjos protagonizados pelos BRICS. Tais arranjos alternativos incorporaram muitas prerrogativas e princípios do Banco Mundial e FMI, como a necessidade de acordo de cada país membro para acessar parte relevante de recursos no ACR. Mesmo incorporando prerrogativas e os princípios dominantes nessas organizações tradicionais NBD e ACR criam ambientes institucionais com potencial para possibilitar novos desdobramentos.     Abstract: This article aims to analyse the documents of the BRICS Fortaleza summit held in July 2014 that created two financial institutions, the New Development Bank – NDB and the Contingent Reserve Arrangement – CRA. They are important initiatives to strengthen the ties of the group that includes Brazil, Russia, India, China and South Africa, as well as serve to broaden the international monetary and financial order. NDB and CRA are complementary to traditional multilateral Bretton Woods institutions: the World Bank and the IMF. Complementary, because a cautious orientation was adopted in the creation of these BRICS arrangements. Such alternative arrangements have incorporated many prerogatives and principles of the World Bank and IMF, such as the need for each member country to agree to access a relevant part of the resources in the CRA. Even incorporating prerogatives and the dominant principles in these traditional NDB and CRA organisations create institutional environments with the potential to enable further unfoldings. Keywords: BRICS; NDB; ACR; ECONOMIC GOVERNANCE.     Recebido em: fevereiro/2019. Aprovado em: setembro/2019.

scholarly journals The predictive role f country-level ESG indicators

2020 ◽  
Vol 7 (4) ◽  
pp. 441-453
Author(s):  
Fanni Dudás ◽  
Helena Naffa
Keyword(s):  
World Bank ◽  
Predictive Power ◽  
Investment Decisions ◽  
Risk Premiums ◽  
Country Level ◽  
Governance Indicators ◽  
The World Bank ◽  
The World ◽  
The Neural Networks ◽  
Predictive Role

Environmental, social and governance aspects, collectively known as ESG fac-tors, have gained significant importance in finance recently. This paper focuses on uncovering the importance of the predictive power of country-level ESG indica-tors in estimating risk premiums. We use the Worldwide Governance Indicators and the database of global ESG indicators provided by the World Bank, while we apply the neural networks methodology. A constant relationship between ESG factors and risk premiums would result in obvious implications for policymakers, as well as for investors. We seek empirical evidence to leverage ESG considera-tions in investment decisions and policymaking to ensure sustainable economic development.

Sign in / Sign up

Export Citation Format

Share Document